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Low Carbon Development Diversifies China-Arab Energy Cooperation
While China pledges to achieve a peak in carbon dioxide emissions before 2030 and carbon neutrality before 2060, Arab countries are also actively seeking energy…
Solar Power Plant
Saudi Developer Cuts Ribbon on Dubai Solar Giant
300MW project forms part of the fifth phase of the Mohammed bin Rashid Al Maktoum Park
Crude Oil
Saudi Arabia’s Crude Oil Exports Dropped in H1 by 20%
Saudi Arabia could not ship more crude oil in the first half as it voluntarily restrained output under OPEC+ production-cut agreement; however, high oil prices …
United Arab Emirates
Abu Dhabi to Become a Hub of Hydrogen and Ammonia Exportation with New Agreement
Abu Dhabi is set to become a hub of ammonia and hydrogen exportation with a new clean ammonia supply chain agreement secured between ADNOC and INPEX.
Wind Farm
Dubai to Build UAE’s First Wind Farm
DEWA has already identified the location for a wind farm and actual wind speed for a full year is currently being measured using a 150-metre metal tower.
Energy Security
FANR Built a Strong Nuclear and Radiological Regulatory Infrastructure in UAE for Protection of the Public and Environment
The Federal Authority for Nuclear Regulation, the United Arab Emirates’ independent nuclear regulator, has issued its 2020 Annual Report, illustrating its effo…
Solar Power Plant
Aramco Company Joins $900MM+ Solar Project
ACWA Power has revealed that Saudi Aramco Power Company, a fully owned company of Saudi Aramco, has joined the Sudair Solar plant consortium.
Market Analysis
Middle East Stalls Conventional Power Contracts in Favour of Renewables
Renewable energy project contract awards in 2021 have eclipsed deals for conventional power plant projects in the Middle East as the region’s energy diversific…
Hydrogen Project
Plans Unveiled for Major Green Hydrogen and Green Ammonia Development in the UAE
The development of a new green hydrogen and green ammonia project is being explored in the United Arab Emirates.
Hydrogen Project
TAQA Arabia Signs Green Hydrogen MoU with MAN Energy Solutions
MAN Energy Solutions has signed a Memorandum of Understanding with TAQA Power, TAQA Arabia’s Power Subsidiary – based in Cairo, Egypt – regarding a pilot pro…
Solar Power Plant
Saudi Aramco Joins Local 1.5 GW Solar Project with a 30% Stake in Renewables Push
Saudi Aramco is investing, alongside the country's sovereign wealth fund and Riyadh-based ACWA Power, in the oil exporter's largest solar project with a capacit…
Oil Price
Aramco Posts Nearly 300% Leap in Second-Quarter Profit as Oil Demand Recovers
Saudi state oil giant Aramco reported a stunning 288% increase in net income to $25.5 billion for the second quarter, while maintaining its dividend of $18.8 bi…
Wind Farm
Saudi Arabia’s First Wind Farm Begins Electricity Production
Dumat al-Jandal, the region’s largest wind farm, has been connected to the grid and began producing carbon-free electricity.
OPEC
Opec+ Adds Around 700,000 b/d in July
The Opec+ group added 680,000 b/d to its crude output last month, boosted by higher quotas and the end of Saudi Arabia's extra cut.
Oil Price
Saudi Aramco Hikes Oil Prices to Asia for Second Consecutive Month
The pricing of Saudi crude oil generally sets the trend for the pricing for Asia of other Gulf oil producers such as the United Arab Emirates, Kuwait, Iraq, and…
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